Description

Instructions

Assignment 3 How Private Health Coverage Works: A Primer is due by Wednesday, January 18th by 11:59 PM. In order to fully answer the questions, it may be necessary to reference the lecture packets, previous posted readings, and/or external sources. Please include the specific location where the referenced information can be found. For example: How Private Health Coverage Works: A Primer , p __; History of Health Insurance, p_____; Lecture Packet __ Slide___, etc.  Points will be subtracted if the rules are not followed or if the submission is incomplete. Lastly, please note that this will be a graded assignment and not an exam.

 

 

 

 

QUESTION 1                                                               (5 points)

1. In your own words, define private health insurance.

 

QUESTION 2                                                      (10 points)

1. Please discuss at least two differences between private health insurance and public health insurance.

Please number your responses (1-2)

 

QUESTION 3                                                      (15 points)

1. Please define and provide an example of the following health insurance terms: moral hazard, adverse selection, and preferred risk selection.

Please ensure to label your responses.

 

QUESTION 4                                                      (20 points)

1. Please list and explain five different ways that private health insurance can be delivered. Be sure to compare and contrast each method. In your discussion, identify any possible benefits or limitations that might occur through using the various health insurance models.

Please number your responses (1-5).

 

QUESTION 5                                                      (5 points)

1. How does risk pooling affect the provision of health insurance?

QUESTION 6                                                      (15 points)

1. Please list and explain three underwriting procedures discussed in the assigned reading. What are the advantages and disadvantages of the different underwriting practices?

Please number your responses (1-3)

QUESTION 7                                                      (15 points)

1. Legislation can affect the provision of health insurance in various ways. Please explain how the following regulations affect the provision of health insurance: ERISA, HIPAA, and PPACA. (While the writing does not expressly discuss PPACA, other course readings, as well as aIDitional research can provide the needed information).

Please ensure to label your responses.

 

 

 

 

QUESTION 8                                               (15 points)

1. Please list and explain three examples of how state legislation can have on the provision of health insurance?

Please number your responses (1-3)